Murata Manufacturing Co Ltd
6981: XTKS (JPN)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|NZx | LOCK|g% | LOCK|rtZy$wf |
Murata Manufacturing Earnings: Positive Outlook on the Turnaround of the Devices and Modules Segment
For the June quarter, Murata Manufacturing's sales and operating income decreased by 1.3% and 7.2%, respectively, due to the appreciation of the yen. However, excluding the currency impact, they grew 4.7% and 12.0%, respectively. The book/bill ratio improved to 1.04 from 1.01 in the March quarter.
